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Robotics as a Service (RaaS) Market Share

  • Report ID: GMI5610
  • Published Date: Aug 2024
  • Report Format: PDF

Robotics as a Service Market Share

Major players operating in the robotics as a service industry are:

  • Aethon
  • Berkshire Grey, Inc.
  • Cobalt Robotics
  • CYBERDYNE, Inc.
  • Exotec
  • Formic Technologies Inc.
  • Hirebotics
  • Intuitive Surgical
  • inVia Robotics, Inc.
  • Knightscope, Inc.
  • Kongberg Maritime AS
     

KUKA AG and Berkshire Grey, Inc. Corporation hold a significant share in the Robotics as a Service (RaaS) market. KUKA AG is a leading global supplier of robotic automation solutions, playing a significant role in the Robotics as a Service (RaaS) market. Known for its industrial robots and automation systems, KUKA offers RaaS solutions that include collaborative robots (cobots) and automated manufacturing systems. The company's advanced robotics technology enhances productivity and efficiency in manufacturing, logistics, and automotive sectors. KUKA's commitment to innovation and customer-centric solutions positions it as a key player in driving the adoption of robotic automation through flexible service-based models tailored to diverse industrial applications.
 

Berkshire Grey, Inc. specializes in AI-driven robotic solutions for fulfillment centers and logistics operations. As a leader in the Robotics as a Service (RaaS) market, Berkshire Grey offers autonomous mobile robots (AMRs) and robotic picking systems that optimize warehouse efficiency. These solutions integrate AI and machine learning to handle complex tasks such as picking, packing, and sorting with high accuracy and speed. Berkshire Grey's technology addresses the growing demand for automated e-commerce fulfillment, providing scalable RaaS solutions that enhance operational agility and customer satisfaction in the rapidly evolving logistics industry.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The Robotics as a Service market was valued at USD 1.7 billion in 2023 and is anticipated to grow at over 18% CAGR between 2024 – 2032 due to the rising automation in end-use industries.

The professional segment in the market is expected to reach over USD 5 billion by 2032 as robots are deployed to enhance operational efficiency in industries, such as healthcare, hospitality, and customer service.

North America RaaS market held over 35% share in 2023 attributed to robust adoption of advanced technologies and innovation-driven industries.

Aethon, Berkshire Grey, Inc., Cobalt Robotics, CYBERDYNE, Inc., Exotec, Formic Technologies Inc., Hirebotics, Intuitive Surgical, inVia Robotics, Inc., Knightscope, Inc.., and Kongberg Maritime AS among others.

Robotics as a Service Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 17
  • Tables & Figures: 305
  • Countries covered: 23
  • Pages: 210
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